As the sky darkens in the Eastern Hemisphere, news is still flying all over the Internet. Now the news is overwhelmingly reporting that major exchanges in North America have "suspended trading."
This matter has also been described by domestic melon-eating netizens as a "unplugging the network cable" operation. This word is indeed very appropriate to describe it.
Last night, many domestic investors were also watching overseas markets. Regarding the trend of the external market, they called it "splendid". They guessed the script at the beginning but not the process, let alone the ending. They called all kinds of testimonies. history.
No one could have guessed that the U.S. stock market would have two consecutive circuit breakers, and no one would have guessed that the ultimate deep V rebound would be staged on the day of the circuit breaker.
Nowadays, all kinds of news are flying all over the sky, making it difficult for people to distinguish what is true and what is false.
This morning, Fang Hong had already submitted the materials he had compiled overnight. The game in the market had already decided the outcome. The result was that Wall Street lost miserably, and the next step was the game at the national level.
With such huge interests, it is never the market itself that determines victory or defeat.
In addition, Fang Hong also participated in the pre-market meeting of Star Capital again before 9 o'clock in the morning. He participated in the video conference from his villa at home.
There is another important thing to do today.
Stabilize the A-share market.
The content of the meeting is very simple. Today, Qunxing Capital will support the A-share market. Without large funds to support the market, there is a high probability that it will not be able to hold the market.
Although the external market staged an ultimate deep V rebound last night, the current market environment is in a state of turmoil. Everyone is frightened. The slightest disturbance will trigger panic, and then there will be an irrational stampede to flee and sell. .
…
As time went by, the A-share market call auction results came out at 9:25, and the market index opened slightly higher by +0.29%. Obviously, it was Qunxing Capital that supported the market and got out of the situation of high bidding.
However, after the market opened, Qunxing Capital did not start working immediately, and the market would definitely be smashed if it was pulled immediately. If it were to pull the market again, it would have to spend twice the amount of funds to achieve the expected results.
The correct way to open is to sell first and then pull, because Big A is a T+1 operation. If you buy back the chips you smashed out, you will not be able to continue smashing the chips that day. You will either have to wait and see, or you can only go long.
Sure enough, after the market index soared to +0.47% in the first minute of the opening, it turned downwards without more powerful funds to move upwards. Then there was a big plunge, and funds sold their chips and chose to flee.
The Shanghai Composite Index fell below the 2,200-point mark in the first five minutes of opening, quickly falling below -2.76%, and 2,100 points was in danger.
At this moment, Big A’s stock investors were wailing everywhere, and jokers frequently appeared in the comment sections of stock bars.
[It should be renamed Aunt Index, just how many days are popular in a month. ]
[Talent, haha...]
[Except for not losing money at the moment of purchase, all subsequent operations are just to get back the money... (laughing through tears)]
[You are playing me, I am really waiting to get my money back every day, and falling every day... (face covering)]
[A-shares fell when the RMB appreciated, because the appreciation was detrimental to exports; A-shares fell when the RMB depreciated, because capital was fleeing; A-shares fell when the RMB raised interest rates, because the currency will be tightened; A-shares fell when the RMB cut interest rates, because the economy is not doing well Ground; A-shares fell~ when the U.S. dollar raised interest rates, because funds were withdrawn; A-shares fell~ when the U.S. dollar cut interest rates, because U.S. stocks are more attractive; U.S. stocks fell, A-shares fell~, because there are risks in the external market; U.S. stocks rose, and A-shares fell~, Because the funds are going to be invested in US stocks...]
[Haha, are you preparing to take the postgraduate entrance examination? ]
[This is like raising a dad (falling)... (erha.jpg)]
[You should go to the Economic Channel and be a commentator. ]
[Is it possible that the rise or fall has nothing to do with these dimes... (laughing and crying.jpg)]
[I predict that the A-share market will stop falling at three o'clock in the afternoon. If it continues to fall, I will live broadcast and eat on the computer. ]
[You are really a little genius. ]
…
Just when the major stock forums of Big A began to appear in large numbers with jokes, and the market index was about to fall below 3 percentage points, the banking sector stepped forward at this time.
At about 9:45, Qunxing Capital entered the banking sector with OTC liquidity funds. In fact, it wanted to buy securities stocks. However, Qunxing Capital had already filled up its positions in all the securities stocks. If it continued to play, it would have to raise funds. The card was raised, but Stars Capital did not want to raise the card.
Therefore, the "Three Financial Idiots" securities firms will not inflow funds, but will instead flow into the banking sector and insurance sector.
After the banking sector experienced abnormal movements and rose, the market index also stopped falling and rebounded. When investors saw this situation, they thought it was the mysterious funds of the "Guo Jia Team" protecting the market.
The good news is that there are mysterious funds protecting the market, but the bad news is that bank stocks are pulling in.
There are actually few bank stocks in the hands of investors. Most of the investors with large financial chips are in the brokerage sector, which is very painful.
So investors found that when the market fell, their stocks became green and panicked, and when the market rose, their stocks were unshakable. As a result, they were unhappy even if the market rose.
And I am even more afraid that when the price rises and then falls, the stock in my hand will fall to another level.
The reflection on the market is that the large financial sector has a siphon effect on the market. The banking sector is rising sharply and the index continues to rebound, but other stocks are falling.
Because stock investors are afraid that when the market falls again, the stocks in their hands will fall further, so they choose to go ashore to avoid risks, and then come back after buying the bottom. Most people are selling, and these stocks will naturally fall.
However, at the same time, the banking sector continues to explode, and more than 4 bank stocks in the sector have reached their daily limit. This trend is to lift the index from underwater to above the red zone.
At around 10:09, the bank sector's increase expanded to +5.27%. This big positive line broke through the high point in early August and reached a new high for the year. The market index also came up from the water at about this time.
It was really lifted above the red zone, and there was a big deep V trend.
The stock investors who were shorted were also dumbfounded. Can this be the answer?
I was still lying in the ICU 20 minutes ago, and now I'm high at the KTV?
However, after the banking sector rose by more than 5 points, as the market turned red and then rose, bank stocks also began to take a break and stopped rushing. However, as soon as the bank stocks took a break, the index was not very good and turned around and weakened. This is quite true.
At the opening of the afternoon, the Shanghai stock index fell again. If there is no more powerful long force, it is likely to turn green again and return to the ICU.
But the insurance sector stepped forward at this time and took over the baton handed over by the banking sector.
Insurance stocks began to sprint, and the index stopped falling again and continued to rise.
The over-the-counter funds of Qunxing Capital wildly pulled in the insurance leader Zhongguo Ping An, driving the sector index to rise rapidly, and continued to fight against it.
Around 13:55, major market software pushed messages:
[The insurance sector rose strongly in the afternoon, and Zhongguo Ping An closed the daily limit. The current turnover is 10.4 billion yuan. 】
The stockholders called it a good guy. Zhongguo Ping An was able to raise the limit in the current market environment. The last time it reached the limit was five years ago on June 1, 2009, and the trading volume exceeded 10 billion, becoming the largest single stock transaction in the two cities. The stock with the largest volume.
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